Town Homes Arlington

Just listed – 1113C N Stuart St. Arlington, VA 22201

Posted May 8th, 2015 Leave A Comment

1113C Stuart St. N, Arlington, VA 22201

Open house Saturday May 9th 2-4pm and Sunday May 10th 2-4pm Fabulous sun-drenched brick townhome on a tranquil street in the heart of vibrant Ballston 1.5 blocks to Metro. Enjoy oversized eat-in kitchen with brand new Samsung stainless steel appliances, granite counters, island and a large breakfast bar by the bay window. Master suite has 2 walk-in closets, vaulted ceilings, large master bath. Tons of closets and storage. City living at it's best - grill on a beautiful brick patio, relax... Continue Reading Article...

Briggman Market Watch for townhomes March 2015

Posted April 15th, 2015 Leave A Comment

Selling Arlington Townhome for top dollar

How was a townhome market in Arlington, VA in March, 2015? Overall Zillow has the temperature for Arlington, VA market as "warm". Neighboring DC is on fire with a "very hot" market temperature. Zillow.com has becoming a real market data guru - you are welcome to check out your neighborhood, Zip Code, etc here: http://www.zillow.com/arlington-va/home-values/ 1. Townhome market activity - there were 22 townhome sales in March - a 10% increase from March, 2014. There were 34 new listings - a 13% increase... Continue Reading Article...

Dangers of overpricing your townhome in Arlington, VA

Posted April 1st, 2015 Leave A Comment

Dangers of overpricing in Arlington, VA

Recently I read a book written by Zillow.com guys Spencer Rascoff and Stan Humphries "Zillow Talk: The New Rules of Real Estate". It was a very interesting read, because they were making a good attempt at interpreting tons and tons of real estate data that Zillow.com has been collecting for years. One of the chapters addressed pricing a home and perils of overpricing.  It's such an important subject - I wanted to share their insight and how it applies to Arlington. "Pricing your house for sale is... Continue Reading Article...

Briggman Market Watch for townhomes – February 2015

Posted March 20th, 2015 Leave A Comment

Arlington townhome market

How was Arlington townhome market in February 2015? Median sold price for townhomes for February was $727,500, representing an increase of 3.3% from February 2014. The average days on the market for units sold in February was 73 days, that's 30% above 5-year February average if 56 days. So the market has slowed down a little. I do think this number is higher due to some new construction towhomes that are not reflecting a real picture of resale properties. There were 20 closed sales... Continue Reading Article...

Briggman Market Watch for Townhomes – January 2015

Posted February 20th, 2015 Leave A Comment

Arlington townhome market update

A favorite question to a Realtor - so how is the market? :)  Well, it depends - what price bracket are you interested in?  Which Zip Code? Are you a buyer or a seller?  So the market is what it is - how good or bad - depends on your situation and perspective. So what are the market statistics for January 2015? 1. Market Activity - 15 townhomes sold in January - right in line with other Januaries for the last 10... Continue Reading Article...

Briggman Market Watch for Townhomes – 2014 Review

Posted January 16th, 2015 Leave A Comment

Arlington Townhome Market 2014

This is The Briggman Market Watch for Townhomes, giving townhome sellers the latest new on Arlington real estate.  So how was the Arlington townhome real estate market in 2014? It was a pretty flat year due to decline in federal employment, federal contracting and job growth only in lower-wage sectors. Mortgage rates did not go up as expected and are incredibly low, but qualifying for a mortgage is still very difficult. The average sales price did go up to $691,967 in 2014 from... Continue Reading Article...

Briggman Market Watch for townhomes 10/14

Posted November 17th, 2014 Leave A Comment

Town Homes Arlington

Hi, I’m Renata Briggman, and this is the Briggman Market Watch for townhomes, giving buyers and sellers the latest news on Arlington townhome market. Here in Arlington townhome market was a little slower than in 2013. A total of 18 townhomes sold in October 2013, a 48.6% decrease below October 2013 townhome sales of 35. The good news is that demand for townhomes is still strong – new pending sales were a total of 27 in October 2014 vs. 24 in 2013. The... Continue Reading Article...

Briggman Market Watch for townhomes 9/14

Posted October 20th, 2014 Leave A Comment

Arlington townhome market update

Hi, I’m Renata Briggman, and this is the Arlington Expert Market Watch for townhomes, giving buyers and sellers the latest news on Arlington townhome market Here is Arlington the townhome market is holding strong.  New record was registered last month!!!! Average townhome sales price in Arlington reached it's all time high at $827,063. Price per square foot for Arlington townhomes also reached one of the highest levels in years at $452 sq./ft. Buyers should be excited as the inventory is continuing to... Continue Reading Article...

Briggman Market Watch for Townhomes: August 2014

Posted September 26th, 2014 Leave A Comment

Town Homes Arlington

BRIGGMAN MARKET WATCH: AUGUST 2014 This is the Briggman Market Watch for townhomes, giving buyers and sellers the latest news on the Arlington townhome real estate market. Overall, the Washington Metro housing market for 2014 is not performing as well as 2013.This is no surprise, as housing is primarily a function of job growth and the metro area continues to face challenges from Federal budget cuts. Only 6,000 jobs were added during the 1-year period ending May 2014 vs. a 20-year average... Continue Reading Article...

How many days does it take to sell a townhome in Arlington, VA?

Posted August 29th, 2014 Leave A Comment

Arlington days on the market

On average in 2014 it takes about 31 days to sell a townhome in Arlington.  Days on the market is a period from when it's advertised in our MLS system till a contract is ratified - this period does not include "contract" days for home inspections, HOA document review, appraisal, etc - which usually takes about 30-60 days extra. Average days on the market for all Arlington properties is around 38 - so townhomes sell a little faster than an average... Continue Reading Article...